Business
Aussie traders are throwing money into China’s answer to Tesla as its share price more than triples through the coronavirus pandemic – Business Insider Australia
This little-known electric vehicle (EV) manufacturer is hardly a household name in Australia, but plenty of our traders are driving its bumper success.
- Chinese electric vehicle manufacturer Nio Inc. has seen a large boost in investment, as popularity among Australian traders soared in July.
- Nio saw the largest surge in popularity on trading platform eToro, displacing Tesla as the number one pick amongst Australians.
- It comes as both companies see their share price take off on hopes of an electric and autonomous driving future.
- Visit Business Insider Australia’s homepage for more stories.
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